Levy
Pronunciation: /ˈlɛviː/
Levy (noun)
- an amount of money collected by the government from people or businesses.
- the act of enlisting people for military service.
Examples
- The levy on imported goods increased last year.
- A new levy was introduced to fund public services.
Common collocations: impose a levy, pay a levy, levy amount, call a levy, levy troops
Levy (verb)
- to officially demand and collect a tax or fee.
- to gather people for military service.
Examples
- The government decided to levy a tax on luxury items.
- They plan to levy additional charges on tobacco products.